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XE Money Transfer - Latest News [Page 2]
XE Data Update - RBNZ Cut OCR By 0.75% To 0.25%
Monday, 16 March 2020, 9:06 am | XE Money Transfer
The RBNZ cut the Official Cash Rate (OCR) by 0.75% to 0.25%. This was an emergency rate cut in response to the growing negative economic implications of the COVID-19 virus. T he key points in the RBNZ statement are: Negative implications to the NZ ... More >>
Flash Crash
Monday, 9 March 2020, 3:27 pm | XE Money Transfer
There Has Been A Large Move In The FX Markets, With A Flash Crash Selloff Effecting Risk Currencies. The NZD is down circa 2.5% against most, after being down 4-5% at times and the Kiwi was down almost 9% against the Japanese YEN. it is a very volatile ... More >>
XE Data Update - ANZ Business Confidence Release
Thursday, 27 February 2020, 2:26 pm | XE Money Transfer
The ANZ Business Confidence & Own Activity Outlook data for February have just been released. The Business Confidence for February fell -19.4% vs -13.2% (previous survey) Firms’ Own Activity Outlook for February fell : + 12.0% ... More >>
XE Morning Update
Tuesday, 25 February 2020, 9:44 am | XE Money Transfer
The NZDUSD opens higher at 0.6338 this morning. The coronavirus was again front and centre in market thinking overnight. Fears of a coronavirus pandemic mounted with sharp rises in new cases reported in Iran, Italy and South Korea, with Afghanistan ... More >>
XE Data Update - NZ 4Q Retail Sales Release
Monday, 24 February 2020, 11:11 am | XE Money Transfer
NZ Retail Sales for 4Q have just been released. They came in marginally lower than expected. Real Retail Sales on quarter +0.7% (Consensus +0.8%) Actual (seasonally adjusted) retail sales rose 3.3% on the year. Statistics NZ stated 9 of the 15 industries ... More >>
XE Morning update
Monday, 24 February 2020, 8:58 am | XE Money Transfer
The NZDUSD opens lower at 0.6322 this morning. The fast-spreading coronavirus was again the dominant factor behind market movements over the weekend. The latest signs of infections outside the Hubei province epicentre in China has triggered a selloff ... More >>
XE Morning Update
Friday, 21 February 2020, 10:38 am | XE Money Transfer
The Kiwi opens at 0.6335 It has been a bad night for risk currencies, with the Kiwi following the Aussie down. The AUD was sitting on the edge of a cliff, and slightly bad unemployment data, coming in higher at 5.3% made it wobble. The final catalyst ... More >>
XE Morning Update
Thursday, 20 February 2020, 9:43 am | XE Money Transfer
The Kiwi opens at 0.6373 The main story overnight has been the move in the Yen, and it’s sharp selloff. It’s preliminary GDP on an annualized basis on Monday came in at -6.3%. This went largely under the radar, but when combined with yesterday’s ... More >>
XE Morning Update
Wednesday, 19 February 2020, 9:51 am | XE Money Transfer
The Kiwi opens at 0.6383 Risk is definitely off the table today, and flights to safe haven currencies are on the menu. As ever, it is the wider backdrop of Coronavirus which has caused the sell off. Specifically we had Apple review their revenue guidance, ... More >>
XE Morning Update
Tuesday, 18 February 2020, 9:14 am | XE Money Transfer
The Kiwi opens at 0.6438 As can often happen during a US holiday, the Market has traded tight ranges. We remain in a holding pattern, waiting for direction. The Pound was again the biggest mover, albeit not by much. The initial optimism of the new ... More >>
XE Morning Update
Monday, 17 February 2020, 10:15 am | XE Money Transfer
The Kiwi opens at 0.6437 No major movement over the weekend, with Coronavirus cases increasing at circa two thousand per day, which seems to be about the neutral spot, neither good nor bad news. The longer the rate only grows at that same amount per ... More >>
XE Data Update - NZ Q4 Employment Data
Wednesday, 5 February 2020, 10:58 am | XE Money Transfer
The NZ Employment numbers for Q4 have just been released. They came in somewhat mixed compared with expectations: NZ Employment data for Q4 was: - Employment (Q/Q) 0.0% (consensus +0.3%) - Employment (Y/Y) 1.0% (consensus +1.2%) - Unemployment Rate 4.0% ... More >>
XE Data Update - NZ 3Q GDP Release
Thursday, 19 December 2019, 11:05 am | XE Money Transfer
The NZ GDP for 3Q has just been released. The GDP for 3Q came in better than forecast overall: Adjusted GDP 3Q/ Annual: GDP +0.7% / +2.3% Consensus +0.5% / +2.3% However, 2Q GDP number was revised lower to +0.1% from +0.5%. The NZD spiked higher in immediate ... More >>
Xe Data Update - UK Election Exit Poll Results
Friday, 13 December 2019, 11:20 am | XE Money Transfer
The UK Election Exit Poll results have just been released and indicate a majority to Boris Johnson’s Conservative Party. More >>
NZ Government’s half-year economic and fiscal update
Wednesday, 11 December 2019, 2:04 pm | XE Money Transfer
The NZ Government’s half-year economic and fiscal update has just been released. More >>
RBNZ Raises Bank Capital as Planned, Extends Transition
Thursday, 5 December 2019, 1:01 pm | XE Money Transfer
XE Data Update - RBNZ Raises Bank Capital as Planned, Extends Transition Inbox x XE Money Transfer Unsubscribe 12:48 PM (16 minutes ago) to editor More >>
XE Data Update - RBNZ Financial Stability Report
Wednesday, 27 November 2019, 9:50 am | XE Money Transfer
The RBNZ has just released its Financial Stability Report. The key points in report are: More >>
XE Data Update - NZ 3Q Retail Sales Release
Tuesday, 26 November 2019, 10:54 am | XE Money Transfer
NZ Retail Sales for 3Q have just been released. They came in notably better than expected. Real Retail Sales on quarter +1.6% (Consensus +0.5%) Actual (seasonally adjusted) retail sales rose 4.5% on the year. Electrical and electronic goods retailing ... More >>
XE Data Update - NZ Q3 Producer Price Index
Tuesday, 19 November 2019, 10:52 am | XE Money Transfer
The NZ Q3 Producers Price Index (PPI) for has just been released. The PPI came in better than expected. NZ PPI Q3 (compared with Q2): PPI Inputs +1.0% Consensus +0.2% PPI Outputs +0.9% Consensus +0.4% The NZD is marginally higher in immediate response. ... More >>
XE Data Update - RBNZ Official Cash Rate decision
Wednesday, 13 November 2019, 2:21 pm | XE Money Transfer
The RBNZ have held the Official Cash Rate (OCR) constant at 1.00% - this surprised the market, who were expecting a rate cut. NZD has rocketed higher across the board. More >>
